Chinese President Xi Jinping addresses the annual high-level general debate of the 70th session of the United Nations General Assembly at the UN headquarters in New York, the United States, Sept. 28, 2015.

By Marwa Yahya

October 3, 2015

"Chinese President Xi Jinping's initiatives at the United Nations are 'generous' and 'big chance' for the developing countries on the path of progress and development, Egyptian experts said.

On Sept. 28, Xi announced at the UN headquarters that China will set up a fund, with initial contribution of two billion U.S. dollars, to support South-South Cooperation and assist developing countries in implementing their post-2015 development agenda."

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http://news.xinhuanet.com/english/2015-10/03/c_134682289.htm

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